Can I make the loop fade out rather than just stopping it in the VoiceLive Touch 2?
Yes, this is possible to do. The Loops parameter in the FX Mix page can be used for fading out loop playback: Slowly slide your finger along the Slider FX bar while the Loops parameter is highlighted, then release. Once you get the slide rate correct, the level will continue to drop. The same is true for fading in loop playback.